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Transcripts For BBCNEWS Business 20240613

shareholders are in favour. welcome to business today. i m sally bundock. we start in the us where the cost of borrowing will be staying higher for a while longer. the us federal reserve left its key interest rate unchanged on wednesday at its highest in more than two decades and signalled it only expects to make one cut this year. the fed though is predicting four more cuts in 2025. the decision came just hours after some encouraging news on its battle to control inflation. america s official consumer price index showed prices rising at an annual rate of 3.3% in may. that was down 0.1% on april s rate and was lower than expected. but it s still way above the fed s inflation target of 2%. erin delmore in new york has all the details. economic datasets can feel abundant, these are two big deal events. we ve only seen them happen on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday ....

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Art Basel shrugs off 'doom-porn' talk with blockbuster first day of sales

Art Basel shrugs off 'doom-porn' talk with blockbuster first day of sales
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At Art Basel, Sales Roll In and Art World Breathes A Sigh of Relief

On Tuesday, the first preview day for Art Basel, galleries reported numerous sales for major works, including a $20 million Joan Mitchell diptych. ....

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Observer Arts Interviews Mary Rozell of the UBS Art Collection

Observer Arts Interviews Mary Rozell of the UBS Art Collection
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A Discerning List of Things to Experience This Summer

A Discerning List of Things to Experience This Summer
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